10-K · June 8, 2026
Elastic N.V. reported strong fiscal year 2026 results, with revenues increasing to $1.739 billion, a 17% increase from the previous year, while net income reached $367.8 million following prior year losses. This growth…
Earnings analysis · 10-Q
ESTC earnings analysis
Filed August 28, 2026 · Our reading of the company's report
The latest report
Elastic reported $478.113 million of revenue and $0.70 of EPS, with revenue up approximately 6.0% sequentially and 15.2% year over year and EPS materially above the $0.44 consensus estimate. Liquidity was strong at…
Read full summary
Elastic reported $478.113 million of revenue and $0.70 of EPS, with revenue up approximately 6.0% sequentially and 15.2% year over year and EPS materially above the $0.44 consensus estimate. Liquidity was strong at $1.463 billion, although the supplied filing text does not provide current-quarter gross margin, operating margin, free cash flow, or segment results. The principal new risk is execution of the June 24 workforce-reduction and investment-alignment plan affecting approximately 7% of employees.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.7
What stood out
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Revenue accelerated
Revenue was $478.113 million, up from $451 million in the prior quarter and $415 million in the year-ago quarter, representing approximately 6.0% sequential growth and 15.2% year-over-year growth.
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EPS beat consensus
Reported EPS was $0.70 versus $4.07 in the prior quarter and negative $0.23 in the year-ago quarter. EPS exceeded the $0.44 consensus estimate by $0.26, or approximately 59.1%.
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Liquidity remains strong
Cash, cash equivalents, restricted cash, and marketable securities totaled $1.463 billion as of July 31, 2026, providing substantial liquidity.
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Share repurchases continued
The company repurchased 804,601 shares during the quarter at a weighted-average price of $49.71 per share, with approximately $120.0 million remaining under the authorized program.
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Controls remained effective
Management concluded that disclosure controls and procedures were effective as of July 31, 2026, and reported no changes in internal control over financial reporting that materially affected, or were reasonably likely to materially affect, controls during the quarter.
What to watch
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Restructuring execution risk
Elastic announced a plan on June 24, 2026 to reduce its workforce by approximately 7%. The company cautions that the plan could produce additional costs, fail to deliver expected savings, increase employee attrition and workloads, and divert management resources.
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Foreign-exchange exposure
A 10% increase or decrease in the U.S. dollar's relative value to other currencies could have a material effect on revenue, operating expenses, and net loss. The company recognized foreign-currency transaction losses of $0.5 million in the current quarter versus $0.7 million in the year-ago quarter.
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Fixed-rate debt exposure
The company had $575.0 million of 4.125% Senior Notes due July 15, 2029. Although the fixed-rate debt does not affect results through market-value changes, rising or falling interest rates can change its fair value.
Management's outlook
No quantitative revenue or EPS outlook was provided in the supplied 10-Q text; outlook may have been addressed separately in the earnings release or conference call.
Earlier filings 4
10-Q · February 27, 2026
Elastic reported quarterly revenue of $449.881M and GAAP diluted EPS of $0.07 for the three months ended January 31, 2026, beating prior-year levels and consensus. Gross profit was $343.442M (76.3% gross margin) and…
10-Q · November 24, 2025
Elastic reported quarterly revenue of $423.48M for the three months ended October 31, 2025, up $58.12M (15.9%) versus the prior-year quarter, driven by subscription growth. Gross profit expanded to $321.45M (75.9% gross…
10-Q · August 29, 2025
Elastic reported revenue of $415,288,000 for the three months ended July 31, 2025, up vs the prior year ($347,420,000) with gross profit of $318,542,000 (≈76.7% margin) and a materially narrower operating loss of…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.